According to Odaily Planet Daily, a multi-signature crypto wallet has permissions for 12 different blockchain networks. If attacked, the funds of all 12 networks may be drained, and the loss may reach 121 million US dollars. These networks include Zora, Aevo, Hypr, Orderly, Ancient8, Lyra, Mode, Pgn, Parallel and Metal, all of which were created using Conduit rollup creation software. Conduit founder Andrew Huang said that without three of the team's five signatures, the wallet cannot trade. Huang added that the system will be upgraded "in the coming weeks" so that its transactions require 5 of the 7 multi-signatures instead of 3 of the 5. He also said that once L2 enters the decentralized "Phase 2", the risk of centralization will be further reduced.